Investor · 4 deals
Venture firm backing early-stage food, agri and climate startups
Every published round Betterbite took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Algenie | Unnamed stage | Sep 2024 | $1.1m | Participant | SmartCompany, AgFunderNews | |
| Fable Food Co | Series A | 9 Feb 2023 | $12.3m | Participant | Startup Daily, AgFunderNews, SmartCompany | |
| Fable Food Co | Seed | 12 Aug 2021 | $6.5m | Participant | Startup Daily (Thu 9 Feb 2023), SmartCompany (Thu 9 Feb 2023), Techboard, Startup Daily (Mon 6 Sep 2021), AgFunderNews (Wed 18 Aug 2021), SmartCompany (Fri 13 Aug 2021), Startup Daily (Thu 12 Aug 2021), Startup Daily (Thu 12 Aug 2021), AgFunderNews (Thu 12 Aug 2021) | |
| Fable Food | Seed | 11 Aug 2021 | $6.5m | Participant | TechCrunch Australia (Wed 8 Feb 2023), TechCrunch Australia (Wed 11 Aug 2021) |
Everyone Betterbite has named to a program in published coverage. A place in a program is not a raise: the cheque is the figure recorded with the place, which is the program's standard terms where we hold them, and a blank is one we don't.
Companies Betterbite has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Fable Food | Mushroom protein crafted from upcycled shiitake mushroom stems | 11 Aug 2021, Seed | 1 | 0 |
| Fable Food Co | 12 Aug 2021, Seed | 2 | 0 | |
| Algenie | Sep 2024 | 1 | 0 |
Fund closes reported for Betterbite, as distinct from the investments it has made.
Companies Betterbite has backed that another company then bought. An exit for the holding, not a deal Betterbite did.
| Name | Role | Sources |
|---|---|---|
| Michal Klar | Founding Partner | AgFunderNews (Thu 27 Apr 2023), AgFunderNews (Thu 24 Feb 2022), Betterbite team page |
| Simon Newstead | Founding Partner | SmartCompany, AgFunderNews (Mon 9 Sep 2024), AgFunderNews (Thu 27 Apr 2023), AgFunderNews (Thu 24 Feb 2022), Betterbite team page |
Stories naming Betterbite. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Australian algae startup Algenie raises A$1.1 million from University of Technology Sydney and Better Bite Ventures while unveiling a thin-layer photobioreactor designed to make algae production dramatically cheaper for fuels, plastics and feed.
Also SmartCompany
Roundup of agrifoodtech news: raises across Europe, Singapore and Australia, Collaborative Fund wraps a $125m vehicle, Neutral Foods merges with Zeal Creamery, SCiFi Foods shuts down, and Aleph Farms cuts staff.
Weekly agrifoodtech roundup: raises for Overstory, FarmInsect, GoodBytz and others; Ever.Ag buys Austin Data Labs; grants for Wadhwani AI and Notpla; SLM and Impact Ag roll out a carbon fund; URB-E rebrands.
Also AgFunderNews
Weekly roundup reporting me&u's Series C, several agrifoodtech fundraises across Europe, Danone's stake in Imagindairy, Remilk's Israeli approval, plus partnerships, launches and layoffs.
Better Bite Ventures' First Bite program has made its first investments in four Asia-Pacific alternative-protein startups working on fermentation, plant-based ice cream and cultivated seafood, with applications open for the next intake.
Better Bite Ventures reaches the first close of its debut $15 million fund for Asia-Pacific alt-protein startups, and outlines its portfolio, seed-stage focus, and case for Asia becoming a global alt-protein manufacturing hub.
Roundup of manufacturing briefs: Fable Foods raises seed funding for mushroom-based meat, Nufarm wins US FDA recognition, Alexium commercialises BioCool, Archer patents its quantum chip in Asia, and Cann Group ends its Emyria collaboration.
Roundup of recent raises: a New Zealand legaltech Series A, plant-based meat seed funding with a celebrity chef tie-in, hospitality software capital, and battery materials funding, plus board additions.
Also TechCrunch Venture·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·TechCrunch Venture·Startup Daily
Sydney mushroom-based meat alternative maker Fable Food raised A$6.5 million in a Blackbird Ventures-led seed round to fund US expansion and R&D, and appointed Dan Joyce as chief growth officer.
Also TechCrunch Venture